Sbarro, LLC ( : stylized in all caps) is an American fast food restaurant that specializes in New York–style pizza sold by the slice and other Italian-American cuisine. In 2011, the company was ranked 15th in foreign sales among U.S.-based quick-serve and fast-casual companies by QSR Magazine. 2011 non-U.S. system wide sales Retrieved July 11. 2015 In 2008, Sbarro was rated the No. 1 Quick Service Restaurant in the Italian segment by Entrepreneur magazine. However, diners and critics have criticized the quality of the food, Fast food chain consumerist.com/2014/07/02 with some suggesting a link between food quality and the company's two bankruptcies. Sbarro is in bankruptcy economix.blogs.nytimes.com/2014/03/13/ Sbarro has over 600 locations in 28 countries. Sbarro stores are located in , department stores, , Rest area, and college , as well as in the Pentagon, American , and .
The success of the Sbarro Salumeria led to the opening of additional locations in the New York City metropolitan area. In 1970, Sbarro opened its first shopping mall-based restaurant in Brooklyn's Kings Plaza Shopping Center. One of their busiest outlets was one of two which were both located in the World Trade Center, with the busiest in the mall underneath the complex, while the other was at the observation deck on the South Tower. However, both outlets were destroyed during the September 11 attacks in 2001.
The first Sbarro in the Philippines was opened in 1990. As of 2023, the nation currently has 56 stores.
]] The company filed for Chapter 11 bankruptcy protection on April 4, 2011. At the time it was ranked by Pizza Today as the country's fifth-largest pizza chain. It was the third-largest pizza chain to declare bankruptcy in less than a year. Earlier, Round Table Pizza (ranked no. 10) and Uno Chicago Grill (ranked no. 11), through its parent Uno Restaurant Holdings, filed bankruptcy. Uno has since emerged.
In November 2011, Sbarro was granted court approval to emerge from bankruptcy under a plan requiring restructuring and ceding ownership to lenders; 25 sites were closed. In January 2012, James J. Greco was brought in as CEO of Sbarro to implement a turnaround plan as the company emerged from bankruptcy. Sbarro rebranded, updating its pizza recipe, food offerings, and branding, and bringing fresh ingredients back to the forefront of the menu.
The first Sbarro in the Philippines was opened in 1990. As of 2023, the nation currently has 56 stores.
On March 15, 2012, Sbarro announced a franchise agreement with Upper Crust Foods Pvt. Ltd. to open restaurants in the Indian state of Maharashtra. The franchise will develop and operate the restaurants. In July 2015, Sbarro announced that they planned to expand to 50 outlets in two years, from the 17 they had then.
In March 2013, Sbarro announced that J. David Karam would be the next CEO of the company. In March of the following year, the company again filed for Chapter 11 bankruptcy protection.
Sbarro announced on June 3, 2014, that they had exited from bankruptcy protection on June 2 based on a reorganization plan as approved by the court on May 19. One hundred and eighty-two locations were closed and the company announced plans to move its headquarters from New York City to Columbus, Ohio.
In January 2015, Sbarro's logo changed from a design resembling the Italian national flag, to an outline of a pizza slice in red and green, with the words "NYC.1956" to recollect the establishment's Brooklyn origins.
In 2016, Sbarro had 318 locations in the U.S., less than half of 12 years earlier. The decline of mall food courts and changing dietary choices among Americans are felt to be the major factors in Sbarro's regression.
Entering the UK market
Response to the 2022 Russian invasion of Ukraine
Pizza Cucinova
See also
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